Ultra-thin Glass Market Size, Share, Demand & Industry Analysis 2022-2027

According to IMARC Group’s latest report, titled “Ultra-thin Glass Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, the  global ultra-thin glass market size reached a value of US$ 8.63 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 17.5 Billion by 2027, exhibiting a CAGR of 11.70% during 2022-2027.

Ultra-thin glass represents a type of glass with minimal thickness and excellent barrier and scratch-resistant properties. It is used in cover glasses, substrates for flexible organic light-emitting diode (OLED) displays, camera systems, novel micro-batteries, processors, fingerprints, biosensors of smartphones, etc. Ultra-thin glass is also utilized in the manufacturing of glass-based batteries that ensure the connection of small devices and sensors without the requirement of a central power supply. It offers numerous advantages, including superior optical quality, mechanical resistance, chemical consistency, temperature stability, etc., as compared to plastics, metals, silicon, etc. Consequently, ultra-thin glass finds extensive applications in various sectors, such as automotive, healthcare, consumer electronics, etc., across the globe.

Ultra-thin Glass Market Trends:

The widespread adoption of this glass in the semiconductor industry for transferring data from microchips at the highest transfer rates, owing to its high-frequency electrical properties, is among the key factors stimulating the ultra-thin glass market. Moreover, it is further utilized in the automotive sector to design car interiors and sensors, which is acting as another significant growth-inducing factor.

Besides this, the rising popularity of ultra-thin glass in solar products to enhance the efficiency of the cell while increasing the amount of trapping light inside the solar cell and reducing the incident light is positively influencing the global market. Furthermore, it is also used in the production of electrochromic windows, thereby bolstering the market growth. Apart from this, the escalating demand for smart wearable devices, such as fitness bands and smartwatches, which require heat, water, and weather-resistant display, is anticipated to fuel the ultra-thin glass market over the forecasted period.

Ultra-thin Glass Market 2022-2027 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the ultra-thin glass market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

AGC Inc.

Central Glass Co. Ltd.

Changzhou Almaden Co. Ltd.

Corning Incorporated

CSG Holding Limited

Emerge Glass India Pvt. Ltd.

Fraunhofer FEP

Nippon Electric Glass Co. Ltd.

Nippon Sheet Glass Co. Ltd

Noval Glass Goup Ltd.

Schott AG (Carl-Zeiss-Stiftung)

and Taiwan Glass Industry Corporation.

Key Market Segmentation:

The report has segmented the ultra-thin glass market on the basis of thickness type, manufacturing process, application and end use industry.

Breakup by Thickness Type:

<0.1 Mm

1 Mm-0.5 Mm

5 Mm-1.0 Mm

Breakup by Manufacturing Process:

Float

Fusion

Down-Draw

Breakup by Application:

Semiconductor Substrate

Touch Panel Displays

Fingerprint Sensors

Automotive Glazing

Others

Breakup by End Use Industry:

Consumer Electronics

Automotive

Biotechnology

Others

Breakup by Region:

North America (United States, Canada)

Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)

Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)

Latin America (Brazil, Mexico, Others)

Middle East and Africa (United Arab Emirates, Saudi Arabia, Turkey, South Africa, Others)